CONNECTION BETWEEN THE STATE AND THE SHAREHOLDING BANKS IN SERBIA UP TO THE SECOND WORLD WAR - CASE STUDY OF THE EXPORT BANK AD (PART ONE)

Original scientific paper
Autor: Prof. Vesna Aleksić PhD

Summary: This paper is devoted to the analysis of work of the major shareholding banks in Serbia, in the period up to the Second World War, and their business and personal connections with the official government authorities. Part one of the paper is dealing with the investigation into obvious connections between the Serbian foreign policy and the position of its economy, especially exports, during the second half of the 19th and the beginning of the 20th century. It shows that the establishment of the Privileged Export Bank a.d. was within the scope of the main economic task of the Serbian Government, to provide for the economic progress of the country, primarily based on the economic liberation from Austro-Hungary and the access to the new markets for Serbian export trade. Attention was especially paid here to those Serbian businessmen and politicians who have, through their diligent work, strived for this governmental task to be brought to life in practice.

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